Instarem introduces your shortcut to sending money to Malaysia: via DuitNow ID

01 Dec 2023

4 mins read

Written by Team Instarem

This article covers:

Sending money to Malaysia has never been this easy! Using Instarem to send money to a DuitNow ID ensures a remarkably swift and convenient process, particularly beneficial for those who regularly send funds to their family and friends in Malaysia or transfer money to their own bank account or wallet connected to a DuitNow ID in Malaysia.

Stay with us as we explore the many reasons for you to use this exciting new feature.

Bid farewell to delays and embrace instant transfers

If you’re in search of a swifter means to send funds to Malaysia, Instarem has you sorted. Once the transfer is initiated and the funds hit your recipient’s DuitNow ID, the transaction occurs almost instantly. No need to endure days of waiting for the funds to reach the other side.

Effortless and simple

When it comes to sending money to a DuitNow ID, the process is designed for ultimate ease and convenience. The only detail you need is your recipient’s DuitNow ID! Enjoy a hassle-free experience that’s quick, efficient, and user-friendly.

Enhanced convenience: Let your recipient receive money their way

When you make use of this service, you’re granting your loved ones the freedom to receive their funds in a way that aligns perfectly with their needs and preferences. Whether it’s through direct bank transfers, mobile wallets, or any other method they prefer, this service ensures they have the flexibility to select the option that best suits them.

Send money to DuitNow ID with Instarem – simple steps

Sending money via DuitNow ID is now a breeze with Instarem’s easy-to-follow steps that ensure a quick setup. Let’s walk through the process:

Step 1: Initiate a Transaction

Begin by initiating the transaction, providing the necessary details, and selecting the recipient.

Step 2: Add Payee and Enter DuitNow Account and ID

In this step, add the payee’s information, including their DuitNow account and ID. Double-check to ensure accuracy.

Step 3: Complete and Pay the Transaction

Review the transaction details, make any necessary edits, and proceed to make the payment.

Step 4: Instant Money Transfer

With these simple steps completed, your money transfer is virtually instantaneous, providing you and your recipient with peace of mind.

And there you have it! It’s as straightforward as that. Plus, if you ever need to update the payout method or manage recipients, you can easily do so by accessing your profile and selecting the recipient in question.

With these user-friendly steps, you’re ready to send money with confidence and ease.

New to DuitNow?

So what is DuitNow?

DuitNow (pronounce as Do it now) is a secure and straightforward avenue for receiving fund transfers into your account, seamlessly replacing the conventional practice of exchanging account numbers.

DuitNow enjoys significant utilization in Malaysia and bears resemblance to payment systems such as PayNow in Singapore and UPI in India. The versatility of DuitNow ID offers several options, including:

Mobile numbers (domestic or international)
National Registration Identification Card (NRIC) or Mykad
Military identification
Police identification
Passport numbers
Business Registration Numbers (BRN)

Ready to remit money? Let’s ‘Duit’ Now with DuitNow! Here’s your foolproof guide with Instarem

Follow these simple steps to get started:

Log in or create an account with Instarem (It’s free!)
Click on ‘Send’ at the bottom menu and input the amount, method of funding and currency of choice.
Select ‘Add recipient’ or edit an existing recipient’s receiving option
Fill in the following details:
- Recipient receiving country
- Currency
Recipient receiving option – select DuitNow
At the bottom, input the recipient DuitNow account type and DuitNow ID number
Click on ‘Next’ to review your transaction summary and authorise transfer.
Key in your verification code that is sent to your phone number or email.